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Frasers Property to jointly invest $236 mil with GIC, JustCo to develop co-working platform across Asia

Property

Frasers Property to jointly invest $236 mil with GIC, JustCo to develop co-working platform across Asia

Stanislaus Jude Chan Published on Wed, May 16, 2018 / 7:54 AM GMT+8

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SINGAPORE (May 16): Frasers Property and Singapore’s sovereign wealth fund GIC are partnering with co-working space provider JustCo to jointly invest US$177 million ($236 million) to develop a co-working space platform across Asia.

The three partners’ joint investment will enable JustCo to build on its presence in Southeast Asia and expand into other Asian markets such as Greater China, Korea, Japan, Australia and India.

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